. >> we know what some of the film subsidies did for louisiana after hk urricane katrina. >> i had to google henry cavill. >> don't google ben affleck. >> meantime, dow continues to waver in the red. seeing some pressure -- i see jcpenney at a fresh 12-year low after the walmart price cuts earlier today. there's a look at what's going on. if you're just joining us this morning, here is what you missed earlier on. >>> welcome to "squawk on the street." here is what's happened so far. >> every time the oil price spikes, the economy gets weaker. and that's the real outcome here that the global economy suffers the high price of oil and if we stay on this path, we're not going to have a very good decade. >> increases half expectations, up 0.1. spending up 0.1. that's about a third of what we were looking for. >> there's some stuff going on. just wonder if there's people around to trade on it. >> are we still in a period where good news in one quarter makes it a little more of -- sets the bar a little higher for the next? >> yeah. the threshold of surprise goes up a little bit. >> i think w